Jordan Cohen To promote debate and help improve U.S. decision‐​making about arms sales, we created the Arms Sales Risk Index, now in its fifth year. By measuring the factors linked to negative outcomes of arms sales, such as dispersion, diversion, and the misuse of weapons by

Norbert Michel and Jai Kedia A few weeks ago, American Compass released Rebuilding American Capitalism, A Handbook for Conservative Policymakers. This Forbes column (American Compass Points To Myths Not Facts) provided a very brief critique of the handbook’s “Financialization” chapter, and Oren Cass, American Compass’s Executive Director, released

Chris Edwards The U.S. Department of Agriculture runs dozens of farm subsidy programs, which cost taxpayers more than $30 billion a year. The largest program is crop insurance, which costs about $10 billion a year. The program displaces private methods of managing risk and gives subsidies to farm

David J. Bier President Biden has used the immigration authority known as “parole” to permit many immigrants to enter the country or remain in the country legally. But his actions have deep historical precedent. Under section 212(d)(5) of the Immigration and Nationality Act (8 U.S.C. 1182(d)(5)),

Marc Joffe Last week the House Appropriations Subcommittee on Transportation, Housing and Urban Development, and Related Agencies approved a Fiscal Year 2024 budget that forbids the Biden administration from granting additional funds to the California High‐​Speed Rail project. The marked‐​up budget bill is expected to pass the

Alan Reynolds A paper on “Managing Disinflation” was recently presented at Chicago Booth by former Fed Governor Frederic Mishkin, and four distinguished co‐​authors. “There is no post‐​1950 precedent for a sizable central‐​bank induced disinflation,” they concluded, “that does not entail substantial economic sacrifice [unemployment] or recession.”[1] That